Constellation Energy (CEG) Revenue — Quarter Ended Jun 30, 2023
Revenue for the quarter decreased compared to both the immediate prior quarter and the same quarter one year earlier. The trend reflects a decline after a period of mixed quarterly results.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue for the quarter decreased compared to both the immediate prior quarter and the same quarter one year earlier. The trend reflects a decline after a period of mixed quarterly results.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.7B
Revenue reported for this quarter.
Quarter-over-quarter
-19.4%
Change from the immediately preceding quarter.
Year-over-year
-14.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$21B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $6.1B | +37.3% |
| Dec 31, 2022 | $4.5B | +42.3% |
| Mar 31, 2023 | $5.8B | +4.3% |
| Jun 30, 2023 | $4.7B | -14.0% |
Revenue performance
The reported revenue moved lower from the preceding quarter, reversing the growth seen in the previous period. The year-over-year comparison also shows a contraction.
Quarterly comparison
Compared to the immediately preceding quarter, revenue declined. Relative to the same quarter one year prior, revenue also decreased.
What to watch
The decline in revenue follows a prior quarter of growth, warranting attention to the sustainability of revenue trends.